CEO Bob Iger plans to lay off 7 people, so the names of those affected by the layoffs appear, Company-wide positions.
TV Division of Disney Layoffs have already begun.
Sources tell The Hollywood Reporter Monday’s layoffs focused on production and acquisitions. Notable employees who left on Monday included Jayne Bieber, senior vice president of production at Freeform/Onyx Collective; Mark Levenstein, head of production and post-production at Hulu; and Elizabeth Newman, head of Disney’s acquisitions division.
Sources indicate that Newman’s entire acquisition team has been disbanded, and that the Bieber and Levenstein production team will be run by ABC Signature executive vice president Carol Turner. The team will continue to report to Eric Schrier promoted by Dana Walden Late last year served as President of Business Operations for Disney Television Studios and Disney Integrated Entertainment.
Details on the size of Monday’s layoffs or the percentage of Disney employees affected were not immediately available, as layoffs in television are expected by the end of the week, with the largest round of layoffs due in April .
As Disney CEO Bob Iger warned On Monday, layoffs will begin this week as part of a round of reductions that will eliminate a total of 7, 730 staff member. In February, Iger said Disney would cut 7,03 Work as part of a streamlined reorganization that will focus on three divisions: Disney Entertainment, ESPN and Parks, Experiences and Products. He said the layoffs “are necessary to create a more efficient, coordinated and streamlined approach to our business,” Iger wrote in an internal memo on Monday, adding that since he announced the layoffs, senior leaders Always assessing their operational needs. A third and final round of layoffs is expected before the start of summer, Iger said.
The layoffs are part of a larger plan to save the company $5.5 billion in costs, and are being cut by other conglomerates to downsize and adjust as the recession looms. Team size.
Monday’s move eliminates the siled production unit and consolidates the division into one, encompassing all divisions
Bob, his successor before the Disney board ousted him Just two and a half years after Chapek, Iger returned to his multi-year role as CEO in a surprise move in November. Iger’s first action item upon his return to the Mouse House was to oust Chapek’s top lieutenant, Karim Daniel. As part of Chapek’s reorganization of Disney, he appointed Daniel to lead the newly formed Disney Media and Entertainment Publishing Division. The division frustrates creative executives because Daniel controls all of Disney’s non-park revenue because he controls the wallet for TV and movie spending.
After launching Daniel, Iger closed DMED and restructured to return financial oversight to creatives, and
Appoint Walden and Alan Bergman to oversee Disney Entertainment, Jimmy Pitaro to continue to lead ESPN, Josh D’Amaro to run parks and product divisions.
For her part, Bieber has been working at Disney since, first as a producer for the Disney Channel and later in ABC’s production and operations division. She served as the Division’s Vice President for over ten years and earned a senior VP title when she added Freeform to her remit.
Meanwhile, Levenstein has been at Hulu since mid as a production and post-production executive 1296.
Newman moved from TV & Media Rights most recently to CAA as Disney VP of Development 03. She was appointed by Creative Director Acquisition Early 730 Former Disney Studios Head Craig Hunegs forms the creative acquisitions department which now reports to former FX brass Schrier.
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